Brexit Contingency Fund

The Committee
considered a report of the Chamberlain proposing the establishment
of a fund to support engagement activities that might be required
in the lead-up to and following the UK’s exit from the
EU.

RESOLVED:
That:-

1.the creation of a Brexit Contingency Fund of
£2m in 2018/19, with provision to carry forward any unspent
balance into 2019/20 be approved.

2.authority to agree bids of up to £100k from
the fund be delegate to the Town Clerk, in consultation with the
Chairman and Deputy Chairman; and

3.the criteria and reporting framework set out in the
report for the fund be approved.